Allete investor alert by the former attorney general of louisiana: kahn swick & foti, llc investigates adequacy of price and process in proposed sale of allete, inc. - ale

New orleans--(business wire)--former attorney general of louisiana charles c. foti, jr., esq. and the law firm of kahn swick & foti, llc (“ksf”) are investigating the proposed sale of allete, inc. (nyse: ale) to canada pension plan investment board (“cpp”) and global infrastructure partners (“gip”). under the terms of the proposed transaction, shareholders of allete will receive $67.00 in cash for each share of allete that they own. ksf is seeking to determine whether this consideration and.
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